Tag Archives: debt

How is your Business Borrowing Fitness?

The business borrowing process looks like an Olympic bar bell.  One end is heavily weighted with borrowing preparation and the other end with servicing the loan after closing.  Lift these correctly and you will have a successful borrowing experience.  Lift … Continue reading

Posted in Banking, Borrowing, Business Borrowers, Strategic Planning | Tagged , , , , , , , , | 1 Comment

Borrowing Money From Parents for MBA: Good Credit Risk?

Hey dad, can I borrow $150,000 to get my MBA? I can only imagine the reaction from my dad if I asked that question 20 years ago.  What’s the matter kid, did you lose your mind? Bloomberg/Business Week had an … Continue reading

Posted in Borrowing, Borrowing Philosophy, Personal Borrowers, Relationships, Uncategorized | Tagged , , , , , , , , , , | 1 Comment

Borrowing Money for Business? Five Ways the Future will be Different

We’ve seen the extremes of borrowing money from the excesses of the sub-prime era to the credit drought for businesses.  What landscape will business borrowers face in the future? 1.  Non-traditional sources of business borrowing will be more common including … Continue reading

Posted in Borrowing, Borrowing Philosophy, Business Borrowers, Strategic Planning | Tagged , , , , , , , ,

The Six Pillars of Borrower Character

I found an old flash card as I was picking through some files.  It has bright colors with catchy sayings printed on both sides and fits easily in a pocket.  It’s from my daughter’s first grade program for kids called … Continue reading

Posted in Borrowing, Borrowing Philosophy, Debt, Financial Planning, Legacy, Relationships, Strategic Planning, Uncategorized | Tagged , , , , , , , , , , | 6 Comments

Best Posts from Pro Borrower-50th Anniversary Edition

Who would have thought the fiftieth post anniversary would come so soon?  It’s been a great blog ride so far.  Here are the best of from the first fifty posts: The most popular post by far has been a history … Continue reading

Posted in About Me, Borrowing, Borrowing Philosophy, Business Borrowers, Personal Borrowers | Tagged , , , , , , | 2 Comments

Borrowing from the Bank of Dad and Mom is Easy Money and Hard Knocks

Borrowing from family is a great deal.  A comedy of errors that can be manipulated to the borrower’s advantage. In the last post I made an argument against borrowing from the parent’s perspective. Today I look at why family borrowers … Continue reading

Posted in Borrowing, Humor, Personal Borrowers, Relationships | Tagged , , , , , , | 4 Comments

Bad Dog Debt: How to Avoid Selling Your Future Lassie Happiness

How much are all the licks and barks for the rest of a dog’s life worth to the owner today? I’ll show you the link between dogs, future happiness and borrowing. My wife and I watched Lassie in our pajamas … Continue reading

Posted in Borrowing, Borrowing Philosophy, Debt, Due Diligence, Financial Planning, Legacy, Relationships | Tagged , , , , , , , , , , , | 3 Comments